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Business Terms and Jargon Explained

What is Acquisition

1) This means to acquire. Usually refers to the takeover of a company.

2) Tax Definition:-

Receipt, by a person registered or liable to be registered for VAT, of goods that have been supplied by a registered person in another European Union (EU) Member State and removed from there to the UK.

© Crown Copyright. Material taken from HM Revenue & Customs. Reproduced under the terms and conditions of the Click-Use Licence.

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Term created / updated 2006-11-13 15:29:03

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